TimeInForce

Tag 59

TimeInForce

Abbreviation:
Typechar
Tag59
AddedFIX.2.7
Used in6 messages

Description

Specifies how long the order remains in effect. Absence of this field is interpreted as DAY.

Wire Format & Usage Example

Single field (key=value)
59=0 (Day)
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 |  | 59=0 (Day) |  | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 59=0 (Day) is this field's position in the message.

All valid values
WireNameDescription
59=0DayDay
59=1GoodTillCancelGood Till Cancel (GTC)
59=2AtTheOpeningAt the Opening (OPG)
59=3ImmediateOrCancelImmediate or Cancel (IOC)
59=4FillOrKillFill or Kill (FOK)
59=5GoodTillCrossingGood Till Crossing (GTX)
59=6GoodTillDateGood Till Date

Enumerated Values

7
ValueSymbolic NameDescriptionAdded
0DayDayFIX.2.7
1GoodTillCancelGood Till Cancel (GTC)FIX.2.7
2AtTheOpeningAt the Opening (OPG)FIX.2.7
3ImmediateOrCancelImmediate or Cancel (IOC)FIX.2.7
4FillOrKillFill or Kill (FOK)FIX.2.7
5GoodTillCrossingGood Till Crossing (GTX)FIX.2.7
6GoodTillDateGood Till DateFIX.4.0